GLONGHUI, September 19 | Yamato published a research report stating that based on a price-earnings ratio of 6.5 times unchanged, the target price for new energy was maintained at HK$13, but after the progress of the A-share IPO led to a rebound in stock prices, the rating was downgraded from “hold” to “outperform the market.” According to the report, after the IPO review committee of the Shanghai Stock Exchange confirmed the announcement of the IPO review news on September 19 on September 13, the price of the new special stock rose 15.5%. The bank believes that the IPO results on September 19 will not drive further increases. According to the bank, high production costs are the group's main concern. The bank believes that there is room for the price of polysilicon to peak, and it is expected that the monthly production of silicon wafers will drop soon.
大行评级｜大和：维持新特能源目标价13港元 评级下调至“跑输大市”
DaBank Rating｜Daiwa: Maintaining the target price of new energy at HK$13, downgraded the rating to “outperform the market”
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